Bankruptcy

Yeah, except for those . . .

By Stephen Lubben

So I'm reading the FT this morning on the train to work, and I read about how Basel III will hurt European banks, and how most of these banks did quite well in the financial crisis. I arch an eyebrow.

Then I read "[w]ith the exception of certain institutions in Switzerland, Germany, the Netherlands and the UK  . . . "

Right. So we are talking about what part of European banking industry now?

Full post as published by Credit Slips on March 04, 2011 (boomark / email).